Question: Louie owns a duplex. Both units are exactly the same size. Louie resides in one unit and rents the other. In 2024, Louie paid $5,900
Louie owns a duplex. Both units are exactly the same size. Louie resides in one unit and rents the other. In 2024, Louie paid $5,900 in real estate taxes for the whole building. Where are the real estate taxes Louie paid shown on the tax return? Louie includes $2,950 on Schedule C (Form 1040), and the other $2,950 on Schedule A (Form 1040) if he itemizes. Louie includes $2,950 on Schedule E (Form 1040), and the other $2,950 on Schedule A (Form 1040). The total amount paid, $5,900, is shown on Schedule A (Form 1040) if he itemizes. The total amount paid, $5,900, is shown on Schedule E (Form 1040)
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